-Gather the information required by the IRS to file a tax extension
-Estimate if you’re going to get a tax refund or if you’ll owe money.
-Electronically file Form 7004, and receive approval of your tax extension from the IRS in a couple of days.
Call our Support Center at 1-866-245-3918 for any help.
It’s inevitable: You’re fairly sure you’re going to have all your tax documentation together, and then something goes wrong. You don’t receive all your tax forms, you’ve misplaced a receipt, or you’re otherwise unable to file your return by the due date.
If you need more time to prepare your federal tax return, you’ll need to file an extension.
To get started, you need the following information:
If your tax situation hasn’t changed since last year, you can use your 2009 tax return to estimate your tax liability. You’ll find your total tax liability from 2009 on line 60 for the form 1040, line 37 for form 1040A, and line 11 for form 1040EZ. Subtract any payments you’ve made throughout the year and report your balance due on line 6 of the extension form. Ideally, if you owe a balance, you’ll pay at least that much along with your extension to avoid a potential penalty.
To prepare and file the extension for your federal income tax return, you’ll need to select a method:
File a paper extension. Most taxpayers are eligible for an automatic 6-month extension of time to file. To get the extension, you must file Form 4868, Application for Automatic Extension of Time To File U.S. Income Tax Return, by April 18, 2011. Assuming you file on time, you’ll be extended through Oct. 15. A longer extension may be granted if you’re living out of the country.
File online. You can apply for an extension by filing form 4868 online through www.ExtensionTax.com an e-file service provider. If you want to make a payment with your online filing, you can pay by electronic funds withdrawal or send a check to the IRS. The extension for time must be filed before the end of day on April 18.
www.ExtensionTax.com is an IRS approved e-file provider who is a BBB accredited business with A+ certification. ExtensionTax.com has a LIVE Support Center available at 1-866-245-3918 or simply write your queries to support@ExtensionTax.com
If you pay someone to prepare your tax return, the IRS urges you to choose that preparer wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone else. So, it is important to choose carefully when hiring an individual or firm to prepare your return. Most return preparers are professional, honest and provide excellent service to their clients.
Here are a few points to keep in mind when choosing someone else to prepare your return: Continue reading
Some tax rules affect every person who may have to file a federal income tax return – these rules include dependents and exemptions. Here are six important facts the IRS wants you to know about dependents and exemptions that will help you file your 2010 tax return.
